Australia: Fund Management/ REITs

On 8 October 2026, ASIC issued an interim stop order on the product disclosure statement (PDS) of units in several registered managed investment schemes (the Funds). The Funds invested in short-term mortgages...

Australia's private credit market faces its first genuine stress cycle as property transaction velocity slows and ASIC intensifies regulatory scrutiny. With delayed exits, extended loan maturities, and increased workout activity creating pressure across the sector, fund managers and trustees must now navigate both commercial challenges and heightened enforcement risk while ensuring their governance frameworks can withstand regulatory examination.

Obtaining certainty of being classified as a ‘fixed trust’ is now more important than ever for fund managers as the trustees of most non-fixed trusts are proposed to be subject to a 30% minimum tax from 1 July 2028.

Greenwashing refers to the misrepresentation of a financial product or investment strategy as "environmentally friendly", "sustainable" or "ethical".

This article outlines the implications of the transitional relief ceasing to apply from 1 July 2026 and identifies the matters that entities should consider in anticipation of operating outside the transitional regime.

ASIC releases updated Regulatory Guide 181 AFS licensing: Managing conflicts of interest...

ASIC has published a consultation on proposed updates to its Regulatory Guide 181: Licensing – Managing conflicts of interest, which provides guidance on how Australian financial services...

ASIC has provided Australian financial services and credit licensees additional targeted relief under the reportable situations regime in response to feedback from industry.

As we have now said goodbye to FY25, we look back on some of the more significant regulatory developments that fund managers can't afford to ignore.